NeeteshJain

JSW Steel Breaking Out Diagonal Pattern (Bearish)

Short
BSE:JSWSTEEL   JSW STEEL LTD
The price action on hourly charts indicates that there is high selling pressure that has broken out from preceding diagonal pattern. It simply indicates weakness and dominance of sellers.

Target 1: 1668 (i.e. Fibs retracement levels of 0.382)

Stoploss: 1840
Trade active: Now pursuing to target 1, get your shorts on
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